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New CEO Appointment for CeramTec

H. Steinmetz joins from Belgium-based Ruetgers NV, a leading European manufacturer of chemical raw materials, where he wasPresident and CEO since 2009. In this role, H. Steinmetz significantly improved the growth and profitability of the group and expanded the business into the USA and Russia. Before joining Ruetgers, he held several senior leadership roles at Sulzer AG, Great Lakes Chemical, and General Electric. The current CeramTec CEO Dr Ulf-D. Zimmermann (66) is retiring from his executive role and will step down from the CeramTec Board with effect from 14 March 2016. He will join the Supervisory Board of CeramTec GmbH and will also be appointed Senior Advisor to CeramTec and Cinven – in a newly created role – to enable the company to benefit from his significant industry knowledge going forward.

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